Business have improved and as per the commentary it will further improve.
1.The company has manufactured and sold 65 high value machines during the quarter. Against this the company has received orders for 81 high value machines during the quarter
2.The company has manufactured and sold 332 machines during the quarter, which is the highest ever for the company in any quarter. Against this the company has received orders for 393 machines during the quarter
3.As of 30th Sep,’23 company has 285 machine order (combined for VMC, HMC and VTL) as a part of the NEXA vertical for premium products. This constitutes 28% of order book from premium products in unexecuted order book
4.Bids submitted which are under evaluation for Defence and Aerospace Sector – 176 Cr
5.Company plan to grow at 18 to 20% for next 5 year on the base of FY 23 backed by order flow and increase manufacturing capacity
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